Articles with tag: scf

Found 21 results in 187 milliseconds.

CDC adds 75 mln to its trade finance deal with Absa

31 Jul 2020 | E-invoicing, SCF & E-procurement

CDC, a UK-based development finance institution, has announced an additional USD 75 million commitment to its existing trade finance facility with Absa Bank.

CDC, Absa, UK, BANKS, Africa, trade finance, supply chains, SCF, COVID-19, coronavirus, pandemic, partnership, International Chamber of Commerce

Investor exists Credit Suisse Funds

22 Jul 2020 | E-invoicing, SCF & E-procurement

SoftBank has pulled a more than USD 500 million investment from Credit Suisse’s supply chain finance funds. 

SoftBank, Credit Suisse, supply chain finance, SCF, loans, Greensill, Vision Fund, payments, invoice

ICC trade finance survey confirms banking industry optimism

21 Jul 2020 | E-invoicing, SCF & E-procurement

ICC has released its 2020 Global Survey report which showcases optimism for banks regarding trade finance, although challenges and disruptions are to be expected post-pandemic.

ICC, Global Survey on Trade Finance, trade finance, banking, optimism, international chamber of commerce, pandemic, Asian Development Bank, ADB, AUSTRAC, Boston Consulting Group, BCG, Coriolis Technologies, HSBC, Kountable, SWIFT, TXF, SCF, digital trade, banks, supply chain finance, digitalisation

Tradeshift and Raindew Trade launch a coronavirus Instant Supplier Payment Scheme

10 Jul 2020 | E-invoicing, SCF & E-procurement

Raindew Trade and Tradeshift, have launched a USD 1.5 billion COVID-19 Instant Supplier Payment Scheme (‘WePayNow Initiative’) in South Africa and selected African markets.

Tradeshift, Raindew Trade, COVID-19, coronavirus, SCF, supply chain finance, Africa, Instant Supplier Payment Scheme, WePayNow Initiative, South Africa, Denmark, Export Credit Agency, digitisation, digital, payments

Malta-based essDOCS, Infosys Finacle partner for trade finance automation

09 Jul 2020 | E-invoicing, SCF & E-procurement

SCF solution provider essDOCS and Infosys Finacle, part of EdgeVerve Systems, have partnered for driving automation in trade finance processes though Distributed Ledger Technology (DLT). 

essDOCS, Infosys Finacle, trade finance automation, SCF, EdgeVerve Systems, automation, Distributed Ledger Technology, DLT, CargoDocs DocEx, blockchain, Finacle Trade Connect, digital solution, banks, electronic signing, supply chain, digitisation

PrimeRevenue secures US patent for SCF enhancement

08 Jul 2020 | E-invoicing, SCF & E-procurement

US-based SCF platform provider PrimeRevenue has received a US patent titled ‘Supply Chain Finance System’ to enhance its digital financing offering.

PrimeRevenue, SCF, US, patent, Supply Chain Finance System, digital financing, trade finance, Electronic Time Drafts, ETD, UCC waiver, SCF transactions, e-drafts

UniCredit taps Taulia's technology to develop working capital solutions

18 Jun 2020 | E-invoicing, SCF & E-procurement

Italy-based UniCredit Bank has partnered with US-based fintech Taulia aiming to develop its working capital solutions. 

UniCredit, US, fintech, Taulia, Italy, banks, partnership, supply chain finance, SCF, ERP, payments

Standard Chartered invests USD 7.7 mln in the launch of Fintech Academy

22 May 2020 | E-invoicing, SCF & E-procurement

The University of Hong Kong (HKU) and Standard Chartered Bank have announced the establishment of a Fintech Academy with the latter offering USD 7.7 million to support the launch of this initiative.

Standard Chartered, fintech, Fintech Academy, The University of Hong Kong, HKU, SCF

Tradeshift, EKF to roll out supply chain finance model

12 May 2020 | E-invoicing, SCF & E-procurement

US-based spend management platform Tradeshift and Denmark-based ECA Eksport Kredit Fonden have planned a supply chain finance programme to aid businesses amid the pandemic.

Tradeshift, EKF, SCF, supply chain finance, ECA, export credit agency, pandemic, credit lines, supplier, working capital, invoice data, buyers and sellers, invoice liquidity, transactions, paper-based invoices, e-invoicing, spend management

ADB invests USD 200 million through Supply Chain Finance Programme

11 May 2020 | E-invoicing, SCF & E-procurement

The Asian Development Bank (ADB) has invested USD 200 million under its SCF Programme to support companies in the battle against the coronavirus.

ADB, Asian Development Bank, SCF Programme, supply chain of finance, coronavirus, cross-border trade, trade finance programme, post-shipment finance, post-acceptance finance, pre-shipment loans, distributor financing

CIMB Bank Singapore to automate SCF with SESAMi Holding partnership

15 Nov 2019 | E-invoicing, SCF & E-procurement

The Singapore division of Malaysian bank CIMB has teamed with SESAMi Holding and Capital Match to digitally finance invoices for the supplier community.

CIMB, SESAMi Holding, Capital Matc, partnership, Singapore, e-procurement, supply chain finance, Singtel, SATS, SIA, SME financing solution, SME financing, SCF, Asia, APAC

HSBC Malaysia launches supply chain platform

09 Jul 2019 | E-invoicing, SCF & E-procurement

HSBC Malaysia has announced the launch of its HSBC Supply Chain Finance (HSCF) platform.

HSBC Malaysia, HSBC, product launch, supply chain finance, supply chain finance platform, SCF, Malaysia, Asia, APAC

Infor, Linklogis to deliver SCF solutions through Infor Nexus Platform

28 Jun 2019 | E-invoicing, SCF & E-procurement

US-based business cloud software company Infor has announced leveraging Infor Nexus platform from Linklogis to boost SCF solutions for SMEs.

Infor, Linklogis, Infor Nexus, supply chain finance, SME, SCF, Infor Nexus platform, Internet of Things, supply chain ntwork

Unicredit chooses FinDynamic to offer dynamic discounting

11 Jun 2019 | E-invoicing, SCF & E-procurement

UniCredit Bank has announced taking a minority stake in FinDynamic, an Italy-based fintech startup offering dynamic discounting programs.

UniCredit Bank, FinDynamic, partnership, Italy, Europe, dynamic discounting, supply chain finance, SCF, fintech, fintech startup, BFF Banking Group, B2B payments, buyer, supplier

CapitalBay to launch P2P financing platform

20 May 2019 | E-invoicing, SCF & E-procurement

Multi-bank supply chain finance platform CapitalBay has received the approval from the Securities Commission Malaysia to operate a P2P financing platform.

CapitalBay, Securities Commission Malaysia, product launch, supply chain finance, SCF platform, SCF, P2P, P2P lending, P2P lending platform, financing, CapSphere Services, Crowd Sense, MicroLeap, MoneySave Capital

Dunxin to release supply chain finance mobile app

23 Apr 2019 | E-invoicing, SCF & E-procurement

Dunxin has announced its plans to release its first mobile application HiTon in May 2019.

Dunxin, SCF, B2B, logistics

Fintechs surpass banks in the SCF industry, Strategic Treasurer survey finds

10 Apr 2019 | E-invoicing, SCF & E-procurement

US-based consultancy Strategic Treasurer and fintech Kyriba have issued a survey indicating that fintechs disrupt the bank-led status quo in the SCF industry.

Strategic Treasurer, Kyriba, survey, study, research, fintech, bank, banking, supply chain finance, SCF industry, supply chain, KYC, third-parte SCF platform, SCF onboarding, US, North America

ICICI, Axis, HDFC Bank, and more to launch blockchain-linked funding for SMEs

29 Jan 2019 | E-invoicing, SCF & E-procurement

A group of 11 banks have planned to launch India`s first blockchain-linked funding for small and medium enterprises (SMEs).

ICICI Bank, Kotak Mahindra Bank, Axis Bank, HDFC Bank, RBL Bank, Yes Bank, Standard Chartered Bank, South Indian Bank, blockchain, SME, funding, India, banks, SCF, underbanked, credit

MUFG Union Bank acquires SCF Platform Trade Payable Services

17 Jan 2019 | E-invoicing, SCF & E-procurement

US-based MUFG Union Bank has announced the acquisition of supply chain finance platform Trade Payable Services from GE Capital.

MUFG Union Bank, Trade Payable Services, GE Capital, acquisition, supply chain finance, SCF platform, e-invoicing, ACH payments, B2B payments,

Bank Mandiri ofers SCF scheme to hospitals in Surakarta

05 Oct 2018 | E-invoicing, SCF & E-procurement

Bank Mandiri has prepared a supply chain financing (SCF) to pay the claims of nine hospitals in Surakarta, Central Java.

Bank Mandiri, SCF, Surakarta, partnership, financial scheme, cash flow